Life Insurance Industry: Insurtech & Trends in 2018

Credit: Wochit Tech
Published on February 2, 2019 - Duration: 00:30s

Life Insurance Industry: Insurtech & Trends in 2018

According to Business, "Life insurance is fundamentally hard to sell; it's morbid to think about, promises no immediate rewards, and often requires a lengthy paper application with minimal guidance." Even with technology being the primary source of regulation around the world, the life insurance industry has yet to apply a paperless system.

Fortunately, a small group of insurtech startups are aiming to modernize it to a more organized and tech oriented system.

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